The CURO Group (CURO) will publish its results on Monday
CURO Group (NYSE:CURO – Get Rating) is expected to release quarterly earnings data after market close on Monday, May 2. Analysts expect the company to report earnings of $0.11 per share for the quarter.
CURO Group (NYSE:CURO – Get Rating) last reported quarterly earnings data on Tuesday, February 8. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.03. The company posted revenue of $224.32 million for the quarter, versus analyst estimates of $221.96 million. The CURO Group achieved a net margin of 7.25% and a return on equity of 15.71%. In the same quarter a year earlier, the company posted earnings per share of $0.14. On average, analysts expect CURO Group to post EPS of $2 for the current fiscal year and EPS of $3 for the next fiscal year.
Shares of CURO opened at $11.50 on Friday. The company has a market capitalization of $462.78 million, a price-earnings ratio of 9.27 and a beta of 2.67. The company has a debt ratio of 12.14, a quick ratio of 5.07 and a current ratio of 5.07. The CURO group has a 52-week low of $10.56 and a 52-week high of $20.10. The company’s 50-day simple moving average is $12.44 and its two-hundred-day simple moving average is $14.99.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Friday, February 18 received a dividend of $0.11. This represents an annualized dividend of $0.44 and a yield of 3.83%. The ex-dividend date was Thursday, February 17. The dividend payout ratio of the CURO Group is 35.48%.
Several research firms have recently published reports on CURO. Credit Suisse Group lowered its price target on CURO Group shares from $29.00 to $26.00 and set an “outperform” rating on the stock in a Thursday, Dec. 30 research report. Zacks Investment Research downgraded CURO Group shares from a “strong buy” rating to a “hold” rating in a Wednesday, January 19 research report. Finally, Jefferies Financial Group began covering CURO Group stocks in a research report on Thursday, December 30. They issued a “buy” rating and a price target of $25.00 on the stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its stake in CURO Group by 5.8% during the fourth quarter. BlackRock Inc. now owns 1,409,824 shares of the company valued at $22,571,000 after acquiring an additional 77,191 shares last quarter. State Street Corp increased its stake in CURO Group by 10.1% during the fourth quarter. State Street Corp now owns 366,401 shares of the company valued at $5,866,000 after acquiring 33,733 additional shares last quarter. Geode Capital Management LLC increased its stake in CURO Group by 9.2% during the fourth quarter. Geode Capital Management LLC now owns 332,849 shares of the company valued at $5,328,000 after acquiring an additional 27,997 shares in the last quarter. Bank of New York Mellon Corp increased its stake in CURO Group by 8.9% during the third quarter. Bank of New York Mellon Corp now owns 256,811 shares of the company valued at $4,450,000 after acquiring 21,088 additional shares last quarter. Finally, Morgan Stanley increased its stake in CURO Group by 406.5% during the third quarter. Morgan Stanley now owns 197,203 shares of the company valued at $3,417,000 after acquiring an additional 158,268 shares in the last quarter. 38.78% of the shares are currently held by institutional investors.
About CURO Group (Get an evaluation)
CURO Group Holdings Corp., together with its subsidiaries, offers consumer credit products in the United States and Canada. The Company offers unsecured installment loans, secured installment loans, open-ended loans and one-time payment loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales. , and money transfer services.
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